Other Aspects of the Policy Framework for Investment

This chapter examines other policy areas shaping Zambia’s investment climate, including financial sector development and human resource development strategies, as well as public governance. Analysis of the financial services sector mostly focuses on evaluating areas of oversight and regulation, as well as on protection of the rights of borrowers and creditors. Meanwhile in the human resource development realm, this chapter highlights a number of achievements in primary education, which result from Zambia having placed high priority on education and skills development. However producing adequate skills to meet industry demands remains a weakness. Finally as pertains to public governance, the chapter charts the Public Service Reform Programme (PSRP) and the comprehensive re-structuring process aimed at realigning the role of government and the public service that followed the introduction of multi-party democracy from 1990. Anti-corruption efforts are also evaluated, suggesting that more effective measures and stricter enforcement remain necessary to prevent and combat corruption.